If you're going to use Renko charts with a trend-loving indicator like TradeBuilder Classic, you need to setup the chart so it accentuates the pair's frequent directional runs. In terms of settings, this means constructing a Renko chart with smaller brick lengths (under 6-pips). Generally speaking, the larger the length, the more range-bound the chart will be, and while this may be good for scalping strategies, it certainly won't give you the long unidirectional slopes we all look for in trend-based strategies.

The first thing you need to do is create and open a real-time, offline Renko chart. If you need the script or instructions for creating one, see THIS THREAD.

Once you have the chart open, simply right-click on it, select Templates, and then tb-classic-eurusd-2pip-range-pierce-and-reverse.

To filter signals even further increase, ADX component's Period and MinStrengthADX parameters.

MAKE SURE you understand the Pierce and Reverse strategy if you want to trade this template. It is not ideal for trading arrow-to-arrow, but performs exceedingly well with most TP:SL configurations.